HMRC recently launched a ‘one to many’ letter campaign, asking company directors to review previous R&D claims to ensure their accuracy. The letters are part of HMRC’s increased efforts to clamp down on fraudulent R&D tax relief claims, including where companies have been targeted by third parties and encouraged to make claims.
The CIOT reports that HMRC will expect businesses to correct any errors brought to light as part of the campaign, noting that HMRC may reject claims that are found to be incorrect or open enquiries.
HMRC recently launched a ‘one to many’ letter campaign, asking company directors to review previous R&D claims to ensure their accuracy. The letters are part of HMRC’s increased efforts to clamp down on fraudulent R&D tax relief claims, including where companies have been targeted by third parties and encouraged to make claims.
The CIOT reports that HMRC will expect businesses to correct any errors brought to light as part of the campaign, noting that HMRC may reject claims that are found to be incorrect or open enquiries.
